Invention Grant
- Patent Title: Generic fraud detection model
- Patent Title (中): 通用欺诈检测模式
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Application No.: US13228943Application Date: 2011-09-09
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Publication No.: US08548137B2Publication Date: 2013-10-01
- Inventor: Scott M. Zoldi , Steven Wu , Fei Chen
- Applicant: Scott M. Zoldi , Steven Wu , Fei Chen
- Applicant Address: US MN Roseville
- Assignee: Fair Isaac Corporation
- Current Assignee: Fair Isaac Corporation
- Current Assignee Address: US MN Roseville
- Agency: Fish & Richardson P.C.
- Main IPC: H04M15/00
- IPC: H04M15/00 ; H04M3/00

Abstract:
A method for dynamically updating a model is described. The method includes accessing a model that specifies expected characteristics for a transaction. The model includes variables associated with fraud. The method also includes receiving at least one value for each of the variables while monitoring transactions, and updating a distribution of values for each variable based on the received value. The received value is compared with the updated distribution to determine a deviation from a threshold value associated with a percentile of the updated distribution that is indicative of fraud.
Public/Granted literature
- US20120005749A1 Generic Fraud Detection Model Public/Granted day:2012-01-05
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